Angola: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Angola

The Angolan motor vehicle engine market skyrocketed to $X in 2021, picking up by 38% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a abrupt slump. Motor vehicle engine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Motor Vehicle Engine Exports

Exports from Angola

In 2021, motor vehicle engine exports from Angola dropped to X tons, with a decrease of -5.9% compared with the previous year's figure. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 167%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, motor vehicle engine exports rose sharply to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 207% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons), Democratic Republic of the Congo (X tons) and Namibia (X kg) were the main destinations of motor vehicle engine exports from Angola, with a combined 93% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +19.0%), while the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X), Nigeria ($X) and Democratic Republic of the Congo ($X) appeared to be the largest markets for motor vehicle engine exported from Angola worldwide, with a combined 80% share of total exports.

Portugal, with a CAGR of +9.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average motor vehicle engine export price amounted to $X per ton, picking up by 12% against the previous year. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in 2015 an increase of 196% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+75.0%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Vehicle Engine Imports

Imports into Angola

Motor vehicle engine imports into Angola skyrocketed to X tons in 2021, rising by 31% compared with the previous year. In general, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 165% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by 126%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest motor vehicle engine supplier to Angola, accounting for a 79% share of total imports. Moreover, motor vehicle engine imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. The third position in this ranking was taken by Japan (X tons), with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-19.1% per year) and Japan (-14.1% per year).

In value terms, China ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Angola, comprising 74% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total imports. It was followed by Japan, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-23.9% per year) and Japan (-18.6% per year).

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, with an increase of 15% against the previous year. Overall, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 51%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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